GM, Ford supplier Instaset files for bankruptcy
The company could not be reached for comment. Strobl Sharp PLLC, which is representing it in the bankruptcy case, did not return a request for comment. Since its peak in...
Why some major Polestar 3 features might already be known
To stop this from happening the EX90 will feature sensors integrated in the overhead console, roof-mounted reading lamps and the trunk that can detect sub-millimeter movement, this includes the breathing...
Nissan takes $687M loss selling Russian business for 1 euro
MOSCOW -- Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said Tuesday, taking a loss of around $687 million and exiting...
GM’s big move to connect EVs with the power grid
Ultium Home and Commercial will offer products and services that enable bi-directional charging, allowing an EV to draw power from an electrical service or send excess power back to utilities...
Non-Tesla brands gain momentum in new EV registrations
Hyundai Motor Group has out-galloped Ford Motor Co. for the No. 2 spot in the U.S. EV horse race. Through August, the South Korean automaker reported 43,072 new registrations of...
Rivian shares slip 7.3% after recall announcement
Rivian builds the battery-electric R1T pickup and R1S SUVs for consumers. It also has a deal with Amazon.com Inc., one of its biggest shareholders, to build 100,000 EV delivery vans...
Mills Automotive buys Bentley, Jaguar-Land Rover and Honda dealerships in 3 deals
The acquisition expands Mills' presence in South Carolina. It also has Stellantis, Alfa Romeo-Maserati and Ford-Lincoln stores in the state, according to its website. A month before the Jaguar-Land Rover...
EV battery maker CATL sees up to 200 percent jump in profit
Contemporary Amperex Technology Co Ltd. expects its net income to surge to as much as $1.4 billion in the third quarter as the biggest maker of electric-vehicle batteries benefits from...
Rivian recall ‘a black eye’ for EV maker
Rivian said Friday that it’s recalling roughly 13,000 of the 14,000 electric trucks and SUVs made at its assembly plant in Normal, Ill., because of concerns that a bolt in...
Nissan launches ultra-low-mileage, pay-as-you-go lease
Nissan Motor Acceptance Co. launched a lease program today called SignatureFLEX that has customers start with 5,000 miles per year and add more as needed throughout the life of their...